Banknotes Blog

Business Operations, Commercial Lending, Small Business, Business Banking

A Blueprint for Construction Loans

By: Paul Cardarella

If your business requires a physical location, one of the biggest dilemmas can be whether to build, buy, or rent. In truth, there is no one-size-fits-all answer to that question. The most important thing to remember is, the answer that's best for you and your business should be based on facts and not fear of the unknown.

Interest rates may go up, prices may come back down. We simply cannot predict the future with any certainty. The best strategy is to just do what is best for your current business operations.

State Bank of Cross Plains has an easy solution to greatly reduce the opportunity for check fraud from your business deposit account: Positive Pay.

If your business requires a physical location, one of the biggest dilemmas can be whether to build, buy, or rent. In truth, there is no one-size-fits-all answer to that question. The most important thing to remember is, the answer that's best for you and your business should be based on facts and not fear of the unknown.

Depositors know that the short-term rate environment continues to offer very few opportunities to earn interest on cash holdings. Although a bank money market account offers a safe place to keep funds with immediate availability, there are other alternatives a business might want to consider before parking excess capital there for the long term.

For business, both ACH and wire transfers have payment advantages and disadvantages. Let’s look at them across six key categories.

Consider the following tips and “tricks” to help your small business avoid the pains sometimes associated with growing.

LIBOR has long been used as the market-driven index to set interest rates for business loans, in the U.S. and abroad. And it is on the verge of ending.

For a significant number of small business owners, having the available cash to run their company is a real concern. Fortunately, they have options.

At State Bank of Cross Plains, the knowledge capital of our team of experts can help you take your business to the next level.

Business credit cards have recently taken major steps forward in functionality and ease of use. Get the full benefit from yours by considering these tips.

Many businesses don’t recognize that the right fit with their bank could save them a lot of money. Let's dispel some of the notions about making a switch.

How you think about your bank can impact your business.

If your business is prepared for a market correction, it can be an advantageous environment for borrowing money.

The actual forgiveness of your PPP loan – or probable forgiveness of your PPP loan – affects how you will file your taxes.

We're in the midst of one of the most challenging economic times in history. If your bank isn't a strategic advisor, it's probably costing you money.

Every craftsman knows there are multitudes of ways to construct a beautiful piece of furniture. The same holds true for commercial financing.

Launching a business takes courage. Ensuring its success requires something more – namely, capital.

Your bank is open for business and here to help. Get financial assistance, use online tools, anticipate trends and act now. Learn more about these tips!

Your business derives maximum benefit from a bank that does more than process transactions. Here's how to ensure you're getting what you need.

There are tools that can help you create efficiency in your cash flow cycle. Where are you currently spending your time, and where would you like to?

In the last two years I have not spoken with a business owner or human resources manager, regardless of the industry, that is not having difficulty finding employees.

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